With around 90,000 MW of renewable energy already integrated into India's power grid and another 25-30,000 MW planned for integration in the current financial year, what is important is managing emissions.

Contributions from the power equipment industry is 8.1 per cent of the manufacturing sector in terms of value and 1.35 per cent of India's GDP, providing direct employment to 5 lakh people, indirect employment to 10 lakh people, and employment to over 50 lakh people across the entire value chain.

The world's sixth largest economy needs to buck up on the implementation of smart grid solutions, if it wants to ensure quality, 24 x 7 power to service the aspirations of both an expanding population and industry.

India needs smart grid systems on account of the changes in the entire dynamics of the electric power system and the need to maintain its very complex and prodigious grid, says Reji Kumar Pillai, President, India Smart Grid Forum (ISGF).

Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.

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kishore tamidela says:

Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.